Ohio Casino Revenue Increases in January While Sportsbooks Decline

Ohio Casino Control Commission highlight steady growth in both table games and slot machine revenue.

Table and Slot Game Revenue Growth

Table game revenue for January amounted to $22.6 million, slightly increasing from the $22.2 million reported during the same period last year. Slot machine revenue also saw an uptick, climbing to $55.1 million from the $52.9 million recorded in January 2024.

Among Ohio’s four major casinos, Hollywood Columbus Casino led the market with over $22.1 million in total revenue. Its table games saw substantial growth, generating $5.6 million, a 38.3% jump from the previous year. Meanwhile, slot machine earnings at the casino rose 5.6%, reaching $16.4 million.

Jack Cleveland Casino followed closely, bringing in $19.6 million in total revenue. This included $7.9 million from table games and $11.6 million from slot machines. Hollywood Toledo Casino reported $18.4 million in revenue, with $2.8 million from table games and $15.5 million from slots. Hard Rock Cincinnati Casino recorded total earnings of $17.6 million, with $6.1 million from table games and $11.4 million from slots.

While casinos saw increased revenue, Ohio’s sports betting industry faced a downturn. Sportsbook revenue in January totaled $80.1 million, marking a 29.4% decline from the $113.6 million recorded in the same month last year.

FanDuel at Belterra Park led all Ohio sportsbooks in betting volume. The sportsbook saw $358.6 million in total wagers placed during January, up from $282.7 million in January 2024. However, revenue declined significantly, falling to $38.8 million from the $52.9 million reported in the prior year.

The downturn in sports betting revenue comes despite continued interest in the industry, with FanDuel maintaining a strong presence in the Ohio market. The disparity between increased betting volume and declining revenue may be attributed to fluctuating odds, promotional activity, and changes in bettor behavior.

The contrasting trends in Ohio’s gambling industry highlight the resilience of traditional casinos while signaling a challenging period for sportsbooks. As table game and slot revenue continue to grow, the sports betting sector may need to adjust strategies to counter revenue declines.

Source:

‘’2025 STATEWIDE CASINO REVENUE’’, Ohio.gov.